SportsTech Investment Summary

Startups Investment Recap – May 27

Hello HYPE readers!

Welcome to your bi-weekly recap where we come to you with all the green goodness in the startup investment sector. Let’s dive in.

Startups Investment Recap – May 27

ASX , a technology platform offering a new virtual Stock Market for Players and Teams raises €675,000 target in just 12 hours.

ASX is a Sports and Entertainment Technology company. It operates at the nexus of Sports Betting, Financial Market Investment, and Fantasy Games. thir seed round launched on Saturday (22 May) reached an impressive “half a million in half a day” that’s €500,000 target in just 12 hours.

KB Partners Secures $64 Million for Sports Tech Investments

KB Partners, a Chicago-based firm investing in early-stage sports-tech startups, has closed $64 million toward its Myriad Opportunity Fund II. The fund’s investors include Philadelphia 76ers GM Elton Brand, NFL Hall of Fame running back Curtis Martin, and Callaway Golf CEO Chip Brewer.

How a Sports -Tech Investment Firm Bought Into Esports

Phoenix Sports Partners, is a Chicago-based sports-tech investment company. A new startup in their portfolio is LeagueSpot, an esports tournament platform. In March, LeagueSpot signed an enterprise-level deal with YMCA, and last year began working with New York’s state colleges and universities, to facilitate state-wide collegiate tournaments.


ReSpo.Vision, a European Deep Tech startup that aims to disrupt sport and bookmaking industries by using computer vision to capture detailed 3D tracking data from sporting events, has now closed a €1 million seed round. Thanks to this investment, the company will be able to expand its sports coverage from soccer to other major sports.

A shark-tank investment ! Mark Cuban and other investors, bet $250,000 on GRIND, a company that makes basketball shooting machines

The sports equipment company GRIND was created by 26-year-old Thomas Fields, who also appeared on the May 7 episode of “Shark Tank.” Top investors like Mark Cuban and businesswoman Barbara Corcoran contributed a combined $250,000 for 25% of the company, which makes basketball shooting machines.


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